Jack's Haberdashery has a beginning merchandise inventory of $20,000. During the period, purchases were $60,000; purchase returns, $2,000; and freight-in $5,000. A physical count of inventory at the end of the period revealed that $10,000 was still on hand. The cost of goods available for sale was:

		$77,000
		$73,000
		$83,000
		$87,000